McLeodUSA Incorporated (2005)

Company

• Pre-filing annual sales: $1,067 (millions of current dollars)
• Pre-filing assets: $1,528 (millions of current dollars)
• Pre-filing number of employees: 2,400
• Sub-industry: 48 Communications
• Place of incorporation: DE
• Court for city of headquarters: IA Cedar Rapids
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Skadden Arps
• Date of filing: October 28, 2005
• Judge at filing: John H. Squires
• Court district of filing: IL ND
• Court city of filing: Chicago
• Case number: 05-63230
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


• Case transferred? no
• Destination court of transfer: not applicable
• Creditors committee appointed? no
• §363 sale: no 363 sale
• Dip loan final approval? yes
• Plan type: prepackaged


• Disposition status: confirmed
• Date of disposition: December 16, 2005
• Judge at disposition: John H. Squires
• Days from filing to disposition: 49

After the case

• Did firm emerge? Company emerged
• Did firm refile? emerged 5 years, did not refile